Episode Details

Hearings commence in Perth over Gina Rineharts massive Hope Downs legal costs. Hancock Prospecting, Rineharts company, ordered to pay hundreds of millions in iron ore royalties to Wright Prospecting and DFD Rhodes. The dispute dates back to the 1930s, with Hancock Prospecting arguing for an eighteen million dollar annual cap, while the other side claims significantly more. Lawyers clashed over financial details, interest rates, damages, and costs. Justice Jennifer Smith will issue orders next week, potentially impacting millions in the iron ore industry.

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